Investing For Millennials: Gold Cash Knowledge

How should millennials invest in today's market? Famed investors Rick Rule and Mark O'Dea sit down virtually with Cambridge Houses Georgia Tucker to discuss.

Millennials should invest in themselves and their education. Knowledge cannot be stolen but it can be lost. The benefits of knowledge compounds faster than money.

Millennials will also need cash. Cash gives you the tools and courage to take advantage of all the markets when there is a downturn.

And finally, millennials need Gold. This is an essential investment piece that is often overlooked. Gold is the world's best store of value.

Cash and gold are historically defensive assets that can give you peace of mind when times get hard.

In the US at the federal government level debt on the balance sheet is over 20 trillion dollars. The plan to repay this debt is with a budget deficit of 2 trillion dollars per year.

For millennials, this means the forward shifting benefits to old people and rear shifting of the cost to young people.

Antifragile- means beyond resilience. When you have Knowledge, Cash, And Gold you become antifragile.
Approximately 25% of the working class in America are unemployed or about to be unemployed.(May 7th, 2020)

Having consumer debt is suicidal to millennials - credit cards, car payments, mortgage payments.

The antifragile portfolio is to have large cash balances during these times.

Having access to liquidity makes you antifragile. Cash is liquidity. Gold is liquidity.

In 2020 new amounts of stimulus and liquidity don’t buy the same level of economic growth as they did in 2008. When you inject liquidity you steal future demand. Now that future growth will be missing. The US government has been forward shifting demand since 1990.

At some point, millennials will pay the cost of this forward shifting of printed monopoly money.

The main difficulty is that we have entrusted our financial future to big thinkers. Which usually coincides with the election cycles.

Most people don’t want to take responsibility for the future. They want to trust and put their faith in the big talking heads.

* You're either a contrarian or you’re going to be a victim.
* A speculator has to have a very high tolerance for risk.
* Use bear markets as you would use sales.

The best Gold Price indicator that beginning investors should be paying attention to?
-Real interest rates - fear of the degradation of purchasing power of savings instruments. When interest rates go negative, it's a good time to buy gold.

Warren Buffett has said that negative interest rates could have extreme consequences. There is no currency in the world that will protect your savings.

For a twist in the plot, we have Rick interview Mark to talk about what makes a great business and investing in gold and mining companies.

What is so special about Mark O’Dea and why should you listen to him and invest in his company? For starters, Mark is a great businessman, a great negotiator, can attract amazing teams, and he started as a geologist. He is a brilliant technical person. And he is motivated to become great.

Dr. Mark O’Dea - Chairman and Founder of Oxygen Capital
Gold has become the fundamental DNA of Oxygen Capital. Mark has created over $3 billion dollars by turned 5 mining gold mining companies into raging successes.

How was the Oxygen group able to narrate capital markets?
The key is communication - communicate to shareholders complex geological ideas and simplify them.

There is no such thing as an overnight success. It takes 5 to 10 years to create a really successful mining company. Timing and Patience. If you can deploy capital in bear markets when nobody wants assets you put yourself in a great position to succeed.

-Make sure you understand the value of personal brands.

What lessons are transferrable to the millennial audience?
* Everything is going to cost more than you think
* Things can and will go wrong be sure about what you can and can’t control
* Be wary of companies that lack transparency
* Invest in companies who take their investors along with them through the milestones of growth with transparency

Why should investors care about PureGold?
* PureGold is coming through construction
* Growth phase was 2.5 million ounces
* Will be pouring gold by Christmas 2020
* Will generate 1.3 Billion in PreTax margin on Phase 1 growth.
* Can quickly scale up production
* Gold supply that will last generations
* Potential 10 million ounce gold ore
* Rerate will happen
* Falling input prices falling (Canadian Dollars) - falling energy prices
* Product price rises (US Dollars in Gold) - an enormous benefit to margins
Pure Gold Stock Ticker:PGN

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#Millennials
#PureGold